OFF MARKET

4/30 Bates Avenue
Korumburra VIC 3950

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 3m2
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Property Details for 4/30 Bates Ave, Korumburra

4/30 Bates Ave, Korumburra is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces. The property has a floor size of 3m2.

Building Type
Townhouse
Floor Size
3m2
Local Government
South Gippsland

Last Listing description (November 2017)

7% yield GUARANTEED for 7 years
$330.00 return per week
This 3 bedroom villa has built in robes in all bedrooms, semi en-suite bathroom, split system air conditioning, electric cooking, two-car garage and a low maintenance garden.

Situated in a very quiet location, within walking distance of all amenities and shops. With magnificent views of the rolling hills of Gippsland these villas a real bonus to your investment portfolio or to live in and enjoy.
At this price, the property is extremely good value.

Property History for 4/30 Bates Ave, Korumburra, VIC 3950

A timeline of how this property has performed in the market
  • 27 Mar 2014
    Listed for Sale 245000

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About Korumburra 3950

The size of Korumburra is approximately 59.9 square kilometres. It has 13 parks covering nearly 1.4% of total area. The population of Korumburra in 2011 was 4,374 people. By 2016 the population was 4,491 showing a population growth of 2.7% in the area during that time. The predominant age group in Korumburra is 60-69 years. Households in Korumburra are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Korumburra work in a trades occupation. In 2011, 74.2% of the homes in Korumburra were owner-occupied compared with 73% in 2016.

Korumburra has 3,101 properties. Over the last 5 years, Houses in Korumburra have seen a 69.05% increase in median value, while Units have seen a 64.09% increase. As at 30 September 2024:

  • The median value for Houses in Korumburra is $559,191 while the median value for Units is $441,878.
  • Houses have a median rent of $450 while Units have a median rent of $365.
There are currently 103 properties listed for sale, and 3 properties listed for rent in Korumburra on OnTheHouse. According to CoreLogic's data, 107 properties were sold in the past 12 months in Korumburra.

Suburb Insights for Korumburra 3950

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.